Todd's Take

When Markets Lack Direction

Todd Hultman
By  Todd Hultman , DTN Lead Analyst
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After the bear market of 2014, grains are likely to lose their sense of direction, similar to the periods of 1990 to 1992 or 1999 to 2001 seen in the chart above. (DTN chart)
Markets that lack direction tend to be choppy and difficult to explain -- a phase grains are probably headed for.

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Todd Hultman